The Rest Is Money 230. Dan Neidle on how Reeves’ tax reforms will work
44 snips
Dec 1, 2025 
Dan Neidle, a tax expert and commentator with deep insights into UK tax policy, joins the hosts to dissect recent budget announcements. They explore the mechanics of the new EV mileage tax, including self-reporting and oversight. Dan critiques the missed opportunities for significant pro-growth reforms in areas like VAT and capital gains tax. The conversation also covers the controversial mansion tax, behavioral effects on housing prices, and the complexities surrounding business rates. Neidle’s expertise sheds light on the intricate dance between tax policy and political constraints.
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Why Tax Rises Are Backloaded
- Many tax rises are backloaded because new taxes and payroll changes take years to design and implement.
- Dan Neidle says technical complexity and election promises force delayed implementation into later years.
Payroll Complexity Drives Delay
- Implementing NI on salary sacrifice is technically hard because payroll systems and employer reporting must change.
- Dan warns joint employer-employee interactions and lack of NI self-assessment make the change complex.
Prepare Payroll For Pension Rule Changes
- Expect employers to distinguish contractual pension contributions from discretionary top-ups when rules change.
- Prepare HR and payroll now to record contribution types and avoid compliance issues, Dan Neidle suggests.
